Frequently Asked Questions
What is citizenship by investment?
Many countries around the world have programs that allow individuals to obtain citizenship and a second passport by investing in a participating country. This investment is usually made by buying real estate, investing in government bonds or even making a capital transfer. The investment requirements and costs associated with the investment vary depending on the chosen program.
How long does it take to get citizenship by investment?
The amount of time it takes to obtain citizenship depends on the country and the citizenship by investment program. In Cyprus and Malta, the process takes less than six months. In Portugal, investors can obtain citizenship in five years, and in Spain it takes around ten years. For obtaining citizenship in the Caribbean like Grenada or Saint Kitts and Nevis, you can get a second passport anywhere from three months onwards.
Will a Caribbean citizenship automatically grant me European citizenship?
No, because the Caribbean countries are not EU members. However, holders of a passport issued by a Caribbean nation enjoy visa free travel to 100+ countries, including Europe’s Schengen area.
What does visa-free travel mean?
Visa-free travel is when you are permitted to cross certain borders without a visa. Golden Visas and citizenship by investment can mean you are entitled to visa-free travel in specific areas. For example, having a European passport can grant you visa-free travel within the Schengen Zone.
What is a Golden Visa?
A Golden Visa is a residency permit which is granted to individuals who invest in a residency-by-investment program. Investors are given a visa for a determined period of time, and can usually renew as long as they maintain their initial investment. Golden Visas also usually have a “stay requirement”, a number of days per year that investors must spend in the country to maintain residency.
Do I have to relocate to get a residency permit?
Many countries do not require you to relocate to obtain a residency permit. Portugal requires Golden Visa holders to spend seven days in the country each year, whereas Cyprus requires a visit once every two years. Spain requires applicants to spend at least 6 months each year in the country in order to be eligible for permanent residency in year five.
Can I take my spouse with me on a Golden Visa?
Yes, with most Golden Visa programs you can bring your spouse, children, parents and sometimes even grandparents with you on a single investment visa.
Can I take my children with me on a Golden Visa?
Yes, most Golden Visa programs allow you to take your children with you. Depending on the country, there are sometimes restrictions depending on the age of the child, or whether they are in full-time education.
How long does it take to get a residency permit?
The amount of time it takes to receive your residency permit varies depending on the country. In Malta, for example, it can take up to six months.
How long is the residency permit valid?
How long the residency permit is valid for depends on the program you choose to invest in. With renewal, investor residency permits are usually valid for around five years, and the renewal of the permit is usually dependent upon the initial investment being maintained.
Can I pay for your services from an international bank account?
Yes, you can pay from any bank account that allows you to make international transfers. We also accept payment via PayPal or credit card.
Why should I use Global Citizens Solutions rather than applying by myself?
For our Caribbean citizenship programs, the only way applicants can apply are through Registered Authorised Agents like us. For our other programs, applicants can apply independently. However, note that investors can encounter many difficulties when applying for citizenship or residency, which is why it is beneficial to have an expert on hand, who can support you throughout the complex application process. The benefits of having a consultant on hand include: -Minimizing the visits you have to make to the designated country -Having someone who works solely on your behalf -Reducing hassle -Risk-free way of submitting an application error-free. -Getting the inside knowledge from someone with years of market experience.
Have we still not answered your question?
Get in touch with one of our friendly team members to discuss your query.